Changing the Way
Our World is Made
Simbol Materials answers the global call for high performance materials for the energy storage, agriculture, and other fast-growing, high margin markets. The company’s transformative technology leverages renewable energy to produce lithium, manganese, zinc, and other critical materials from geothermal brines in California’s mineral-rich Imperial Valley. Simbol Materials is the world’s most competitive, reliable, and only sustainable supplier of specialty materials for longer-lasting electric vehicle batteries, stronger, lighter steels and improved crop yields. Simbol Materials was founded in 2008 and is headquartered in Pleasanton, California with commercial operations in Imperial Valley, California.
Facts & Stats
- According to the United States Geological Survey in its 2009 Mineral Commodity Summary, global end-use markets for lithium are estimated as: batteries, 25%; ceramics and glass, 18%; lubricating greases, 12%; pharmaceuticals and polymers, 7%; air conditioning, 6%; primary aluminum production, 4%; continuous casting, 3%; chemical processing 3%; and other uses, 22%. Lithium use in batteries expanded significantly in recent years because rechargeable lithium batteries are being used increasingly in portable electronic devices and electrical tools.
- The Lithium market is $800 million today, and is expected to be $1.2 billion by 2015, and $2.1 billion by 2020.